The Ladakh Buddhist Association (LBA) is a prominent organization that manages and maintains an impressive portfolio of immovable properties, including land and shopping complexes. These assets generate revenue through rental income, supporting the association's activities and charitable endeavors. The LBA operates two schools, Riglam School Leh and Jamyang School Khalsi, providing educational opportunities to children from underprivileged families. To ensure accessibility, nominal fees are charged, making quality education a reality for those who need it most. The LBA allocates a significant portion of its resources towards education, with an annual expenditure of approximately ?80 lakh, accounting for 40% of its income. Beyond education, the LBA organizes seminars on socio-religious issues, religious teachings, and various cultural events, fostering community development and social welfare. While education remains a priority, a smaller portion of the LBA's resources is dedicated to these initiatives, promoting unity, cultural preservation, and community growth.
The LBA owns a significant amount of land, totaling 2585 kanal and 10 Marla, strategically located across Leh. These properties include:
1. Chowkhang near main market: 08 kanal, 10 Marla
2. Shagaran, Nehru Park: 03 kanal, 09 Marla
3. Lhamokhang: 02 kanal, 07 Marla
4. Moti market & Old Bus Stand: 13 Kanal, 17 Marla
5. Mane Sermo & Pologround: 11 kanal, 02 Marla
6. Skyatsaks near Post Office: 05 kanal, 07 Marla
7. Jivetsal Parking, Mahabodhi road: 462 kanal, 04 Marla
8. Jivetsal Spang: 243 kanal, 02 Marla
9. Jivetsal upper canal: 60 kanal, 08 Marla
10. Jivetsal Photang side: 277 kanal, 01 Marla
11. Bomb Garh: 00 kanal
12. Opp Dharma Centre Choglamsar: 01 kanal
13. NDS near Post Office: 14 kanal, 11 Marla
14. Riglam School: 25 kanal, 06 Marla
15. Shop next to ITBF: 00
16. Nyoma: 3 Kanal, 02 Marla
17. Nubra: 3 kanal, 02 marla
18. Lama guru: 88 kanal, 08 Marla
19. FRL: 01 kanal, 09 Marla
20. Jamyang School Skalzangling: 46 Kanal, 14 Marla
21. Kargil Gonpa: 02 kanal
22. Eco village near Mahabodhi: 84 Kanal, 14 Marla
23. Das Pema Sabu near Tokdan Rinpoche School: 54 kanal, 09 Marla
The LBA also owns several shopping complexes, comprising a total of 386 shops. These complexes are located in:
1. Moti Market: 240 shops
2. Shagaran: 70 shops
3. Lhamokhang: 47 shops
4. Youth Office: 11 shops
5. Chowkhang: 09 shops
6. Skyatsaks & Katmochey: 09 shops
These shopping complexes provide a vital source of revenue for the LBA, supporting its various initiatives and charitable activities.